Should a startup worry about protecting its IP?
In this episode of eLagaan Whiteboard Friday, the eLagaan team discusses the importance of Intellectual Property (IP) for a startup in India. It talks about provisional patents, differences between a hardware & software company and the rough cost estimates of filing a patent. The video talks about trademarks, copyright and simple ways to get them with small simple things which are free; and also discusses about importance of IP ownership and why this is important while hiring people.
The video also covers how these IPs become more important when you company is being acquired by someone.